Executive Compensation Committee considers promotions, pay for University leaders

The Board of Visitors Executive Compensation Committee convened Monday morning in the President’s Conference Room in Madison Hall. The Committee discussed “elections, appointments, performance, promotions and compensation of specific officers and employees” in closed session, according to the meeting agenda.

The Committee — composed of eight Board members — is tasked with routinely reviewing compensation policy at the University to ensure it supports the University’s goals to “attract and retain key personnel on fair, transparent and competitive terms.”

On Monday, three members were present in Madison Hall, three participated via Zoom and two members were absent. Some members of the Committee include Rector Carlos Brown who serves as an ex-officio member, Vice Rector Victoria Harker and Board Member David Webb who serves as the Committee’s chair. Webb was present Monday, and Brown and Harker were present via Zoom according to Monday’s meeting minutes. The minutes also list Brown as being absent Monday. Other University leaders, including University President Scott Beardsley and Jennifer Wagner Davis, executive vice president and chief operating officer, were present Monday…

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